From BRICS to BRYuKI, an alphabet soup of different needs
China may take legitimate credit for pulling off a successful summit last week of the alternative powers — Brazil, Russia, India, South Africa and itself, informally known as BRICS. Yet, the fact remains that except for South Africa, which is seeking large-scale Chinese investment at home, the other three do not seem invested in allowing Beijing to expand its economic influence worldwide. (Business Standard)
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